Deutsche Bank & Danske Bank are accused of laundering $200+ billion.
The media calls it a “money laundering scandal.”
It’s not a scandal. It’s a crime. The people involved are criminals.
The language we use is important.
Let’s start calling these crimes what they are.
Stripe is 7 lines of code and is worth $20 billion.
Plaid is 9 lines of code and is worth $2.7 billion.
Wall Street is under assault from technologists.
These types of companies are only going to get bigger over time.
This is just the beginning.
According to Dan Sullivan, founder of Strategic Coach, when you set a goal — one in which you truly want and believe you can achieve — then immediately your mind will begin conjuring-up all of the obstacles to achieving the goal.
This graph shows the number of countries having a banking crisis each year since 1800.
What happened in 1971 that ended the Bretton Woods period?
The US unilaterally removed gold-backing of the dollar and created a fiat currency. The rest is history...
Al parecer un grupo de tenedores de bonos del NAICM ya tiene asesor legal. Serían pendejos si no entraran en ese negocio: compran los bonos a 70 centavos, los aceleran y el GobFed les debe pagar de golpe 50, el resto en lo que cae la TUA.
Los pendejos somos nosotros.
I wish I could tell you my lame story from 2015, when the $btc price "crashed" to below $200, and I just sold my house and bought in at $600 a few months earlier... Well, I am still here.
The euro is 16 years old. Bitcoin is 10 years old. Both digital currencies. One governed by politicians and debased as a matter of policy. One governed by open-source code and impossible to debase. Which more likely lives to see 30 years of age?
No one is crazy, including you. But everyone justifies actions based on poor reasoning, including you.
The fun part of behavioral finance is learning about how flawed other people can be. The hard part is trying to figure out how flawed you are. https://t.co/LOluhEyLaf
Morgan Stanley just officially announced that they consider crypto a new institutional asset class.
Every institution has to #GetOffZero and get in the game.
The virus is spreading 🚀
Odiar al dinero.
Odiar a la ciencia y la tecnología.
Odiar a la modernización.
Odiar a la cultura.
Odiar a los empresarios.
Odiar a los otros partidos.
Odiar al periodismo crítico.
Odiar a todo lo que no hicieron ellos primero.
Odiar a quienes no piensen como ellos.
Sweden is planning to launch a state-backed digital currency.
Governments will eventually learn that owning a network in a decentralized world is not as valuable as it historically was.
Long Bitcoin, Short the Bankers
Current fiat backed stable coin global 24hr volumes:
Tether: $2.3B
TrueUSD: $9.4M
PAXOS: $3.7M (Regulated, and only recently listed on Binance for a few days)
Gemini Dollar: $79K
USDC: unknown
Learn about them and choose for yourself.
Ethereum = Economy (like USA)
Ether = Money (like USD)
Gas = Tax (sales tax)
Staking = Bond (a T-bill)
Tokens = Assets
Smart-contracts are financial services to lend, borrow, trade, raise & invest
Unlike USD, Ether is commodity money not fiat
Ether is an internet currency
Dogecoin, the decentralized joke meme cryptocurrency,
Just flippened Zcash, the centralized Naval-backed super serious "look at all the phds we have" cryptocurrency!
Decentralization > Your Life 😂
@michaelsantoli "investors who bought the day before Lehman failed are up 130%" - and all it took was this massive, Fed-inflated bubble that's going to destroy our economy when it pops! Wow, I feel so relieved! https://t.co/wGV54tnRqJ